Reconcile Payments

In order for a Payment to be reconciled, the Payment must be Paid and have the Year End Reconcile option enabled. The Year End Reconcile option can be selected on the Payment's add form or edit form.

1. Navigate to a Percentage Rent Payment home page.

2. In the toolbar, click Reconcile.

   A new window appears.

3. Complete the Reconcile Percentage Rent Payment pane of the form.

   The Reconciliation Period From Month field is automatically populated based on the Reconciliation To Month field.

4. Using the radio buttons, select either Single or Batch reconciliation. Single reconciliation affects a single Payment Line for the period. Batch reconciliation affects Payment Lines for all Payments with a period ending on the specified date.

5. Select the check box next to the Percentage Rent Payments to process.

6. Click Next.

   The page refreshes to display the Percentage Rent summary, including the Net Payable Due.

7. Select a method for reconciling the Payment. You can create an Offset or a One-Time Payment.

   One created, the Offset or One-Time Payment appears on the Lease home page.

8. Once the form is complete, click Finish.